Full text of H.6 Money Stock Measures : March 28, 1968

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL
I
H

RESERVE

release

-6

For it-mediate release
March 28, 1968.

The se
u
4 s o n * n y « * j « s t « d tmlney supply declined $500 m i l l i o n in the week ending
Hareb 20 1 and i n Xhp fiirgt t h r e e wedks of March money supply has averaged about $600
tolllion above the February l e v e l . Total time and savings d e p o s i t s increased $400
p i l l i o n further i n t h e l a t e s t week, and thus far in March these d e p o s i t s have averaged
"ibottt § 1 . 4 b i l l i o n higher than In t h e month of February.

f

MONEY SUPPLY AND TIME DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Money Supply
Period

Currency

Total

ca aant

^

1967—•Fftfwmairy
March
April
May
JTtme
July
August
September
October
November
December
1968—January
February p
Week ending:
1968—Feb. 7
14
21
28
Mar. 6
13
20

•
i
!
!
;

!

i
p
p
p
p
p

!

171.5
173.1
172.7
174.5
176.2
177.9
179.1
179.2
180.3
181.2
181.5

38.7
38.9
39.1
39.2
39.3
39.5
39.6
39.8
39.9
40.0
40.4

1

Time deposits
adjusted
Demand deposit r
|
(All
cotamercial
component
|
banks)
132.8
134.2
13^.6
135.3
136-8
138.4
139.6
139.5

182.4
182.6

!

40.5
40.7

141.9
141.9

163.5
166.1
168:i
170.0
172.4
174.6
177.2
178.9
180.8
182.5
183.8
183.7
185 t 0

182.7
181.9
183.5
182.2

;
j

40.7
40.7
40.7
40.7

142.0
141.1'
142.8
141.6

184.1
184.6
185.2
185.7

40.9
41.1
41-1

142.7
142.2
141.7

183.6
183.3
182.8

|
!

i

1

!

1

i

1

140.3

'

141.2
141.1

|
1
i

185.9
186.4
186.8

1£&J
142.1
I
41.0
1
183.0
Average of l a s t 4 weeki J
NOTE: Compcmeiits may not add due to rounding. See reverse side for data without
seasonal adjustments and! for description of series,
p - Preliminiary.




DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of d a i l y f i g u r e s ,

i n b i l l i o n s of d o l l a r s .

Not s e a s o n a l l y a d j u s t e d * )

Related deposits
(Al 1 comerc la 1 banks )

Money Supply
Period
Total

Currency I Demand deposit
c exponentf component

Time
adlusted

CUS, Gov't
demand

1967--February
March
April
May
June
July
August
September
October
November
December

170
171
173
171
174
175.8
175.9
178.4
180.6
182.5
187.2

38.. 3
38. .5
38..7
3 8 . .9
3 9 .. 3
39..6
39.6
39.8
40.0
40.4
41.2

135.1
136 «2
136,2
138.6
140.6
142.1
146,0

1968- - January
February p

187.8
181.6

40.5
40.3

14? . 3
14I»3

183,5
185.5

5.0
4.9
4.8
6,5
3.9
5»6
4.3
"5J3L
6.2
5\Z
5,0
43
.7.1

Week ending:
1968—Feb. 7
14
21 p
28 p

184.6
182.2
181.0
179.0

40.4
40.5
403
40.1

144.1
141.7
140.7
138.9

184, .6
185, .3
185, .7"
186, .2

7.1
6.1
5.4
9.5

6 p
13 p
20 p

181.
182,
182.7

40.5
40.8
40.8

141.2
141.4
142.0

186, .6
187. .3
187. 4

8.5
5.9
6.4

Mar,

132.3
134.9

164,0
166,7
168,8
170,8
173.0
175.1
177,7

|

17&*9L

-im-a
181.1

IfPUQ

!|

p - Preliminary
NOTE: Money supply consists of (1) demand deposits at all commercial banks, other
than those due ]to domestic commercial banks and the U.S. Government, less cash items
in process of cjjollection and Federal Reserve float; (2) foreign demand balances at
Federal Reserve! Banks; and (3) currency outside the Treasury, the Federal Reserve and
the vaults of all commercial banks. Time deposits adjusted are time deposits at all
commercial bank|s other than those due to domestic commercial banks and the U.S.
Government.